Printer Friendly
The Free Library
23,403,340 articles and books


Coffee Pacifica Announces Development of Agro-Ecological Zones for the Specialty Coffee Market.

LAS VEGAS -- Coffee Pacifica, Inc. (OTCBB:CFPC) announced today that to meet the market needs of the evolving specialty coffee market in the U.S. and Europe, its strategic partner, PNG Coffee Growers Federation Ltd. ("Federation"), has commenced identifying and mapping the coffee growing regions of PNG into several agro-ecological zones. This information will assist in tracing back all coffee produced to its original growing areas. The coffee produced from the agro-ecological zones will be marketed to the specialty coffee markets in the U.S. and Europe.

Mr. Jon Yogiyo, Vice Chairman of Coffee Pacifica, stated that: "The Federation is using the Papua New Guinea Resource Information System as a base to develop a coffee 'suitability map' and analyzing the information on altitudes, temperatures, annual rainfall, vegetation type, soil erodibility, forest type and land use in the coffee growing areas of Papua New Guinea. This information will assist to accurately establish the precise agro-ecological location of the co-operatives, the coffee growers, and the coffee farms."

Papua New Guinea Coffee Growers Federation Ltd. ("PNGCGF") is a strategic partner and a shareholder of Coffee Pacifica. PNGCGF's shareholders are co-operatives representing approximately 30,000 coffee growers organized in various co-operatives located throughout the coffee growing areas of PNG. The high quality premium-grade coffee produced by the co-operatives is pooled together by the PNGCGF and marketed by Coffee Pacifica.

Coffee Pacifica, Inc. is a distributor and marketer in the United States and Canada of green bean coffee grown in Papua New Guinea. Green bean coffee in Papua New Guinea is grown by Coffee Pacifica's shareholder-farmers in the Highland region's rich volcanic soils between the altitudes of 4,000 and 6,000 feet. Papua New Guinea coffee is well regarded by consumers for its uniqueness, consistency and special flavor characteristics. For more information about our coffee products, visit our website at www.coffeepacifica.com

Except for the historical matters contained herein, statements in this press release contain "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the Company's business and prospects. Actual results could differ materially, as the result of such factors as: (1) competition in the markets for the Company's products and services; (2) the ability of the Company to execute its plans; and (3) other factors detailed in the Company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with our Annual Report on Form 10-KSB and our other filings with the SEC through the date of this release, which identifies important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, failure to satisfy the closing conditions set forth in Letters of Intent and definitive agreements and other risks associated generally with acquisitions and developments. These forward-looking statements are not guarantees of future performance.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 16, 2004
Words:542
Previous Article:A New Surprise in Cereal Boxes: Books.
Next Article:The Alliance in Support of Independent Research Applauds NASD Mutual Fund Task Force Report Supporting Use of Independent Research by Mutual Fund...



Related Articles
UNCOMMON GROUNDS: The History of Coffee and How it Transformed our World.
The Bean From Ipanema.
Perking up.
Why your daily fix can fix more than your head: coffee, if grown right, can be one of the rare human industries that actually restore the Earth's...
Coffee Pacifica Farmer-Shareholders to Exhibit at Coffee Show.
Coffee Pacifica To Showcase PNG Coffee At Specialty Coffee Show.
Coffee Pacifica Received Positive Response from Exhibition in Seattle.
Coffee Pacifica's CEO Comments in the ''Bull & Bear Financial Report''.
Coffee Pacifica At 18th SCAA Show in Charlotte At Booth 377.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters